New Delhi, July 28 -- Persistent Systems Ltd's revenue growth trajectory lostmomentum in the June quarter (Q1FY26) amid client-specific delays and subdued macroeconomic conditions.

Against a run rate of over 4% in the preceding four quarters, constant currency revenue for India's ninth largest information technology services company grew 3.3% in Q1, missing analysts' expectations.

While Persistent Systems's banking, financial services and insurance (BFSI), software and hi-tech segments drove growth, healthcare and lifescience revenue declined sequentially. The healthcare segment faces headwinds due to the US's tariff on China, which has been impacting medical equipment manufacturers and the global supply chain.

Healthcare, which has be...